Wevips Management Services Private Limited
About Wevips Management Services Private Limited
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Wevips Management Services Private Limited is a private limited company based in Chengalpattu, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 20 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2021PTC143619. Its GSTIN is 33AACCW9610P1ZW (Tamil Nadu).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Uma Kumar and Kannaiyappan Prakash.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.1/209 Omr Salai Elvanthangal Thaiyur Kelambakkam, Chengalpattu, Tamil Nadu, India – 603103.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.13 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 0.2%) and EBITDA of ₹9.29 Lakh (EBITDA margin 1.3%).
The company has about 406 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.03 Cr on record.
Company details
Contact details
Wevips Management Services Private Limited's registered office is in Chengalpattu, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1/209 Omr Salai Elvanthangal Thaiyur Kelambakkam, Chengalpattu, Tamil Nadu, India – 603103
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Wevips Management Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Wevips Management Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Wevips Management Services Private Limited, buy the company report.
Financials of Wevips Management Services Private Limited
FY 2024 filings availableWevips Management Services Private Limited reported revenue of ₹7.13 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹9.29 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.22 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.3% | ||
| Net Profit Margin | 0.2% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Wevips Management Services Private Limited, buy the company report.
Board of directors of Wevips Management Services Private Limited
Wevips Management Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Kumar | Director | 20 May 2021 | 5 Years 5 Months | Current |
| Kannaiyappan Prakash | Director | 20 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Wevips Management Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Procyon Technostructure Private Limited | ₹7.14 Cr (FY 2025) | 67.0% | Chennai, Tamil Nadu, India | |||
| Pro Integrated Services Limited | ₹7.13 Cr (FY 2022) | 1879.0% | Bangalore, Karnataka, India | |||
| Wevips Management Services Private Limitedthis company | ₹7.13 Cr (FY 2024) | ₹1.22 Lakh | 0.2% | -15.0% | 406 | Chengalpattu, Tamil Nadu, India |
| Wizard Corporate Consultants Private Limited | ₹7.13 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Wevips Management Services Private Limited, buy the company report.
Auditor
Wevips Management Services Private Limited is audited by VINEESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINEESH & ASSOCIATES | FY 2023 | 016923S |
Shareholding
The shareholding of Wevips Management Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wevips Management Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2024 | 100901478 | State Bank of India | ₹2.03 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wevips Management Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wevips Management Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wevips Management Services Private Limited has a workforce of 406 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Wevips Management Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCW9610P1ZW | Tamil Nadu | Active | 27 May 2021 |
To see the full GST registrations and return filing status of Wevips Management Services Private Limited, buy the company report.
Recent activity
Wevips Management Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kannaiyappan Prakash was appointed as Director on 20 May 2021.
Frequently asked questions
Wevips Management Services is an active private limited company based in Chengalpattu, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 20 May 2021 (5+ years old) and is registered under CIN U74999TN2021PTC143619.
Wevips Management Services has 2 current directors:
- Uma Kumar - Director
- Kannaiyappan Prakash - Director
The latest financial statements of Wevips Management Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Wevips Management Services is 33AACCW9610P1ZW, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Wevips Management Services is U74999TN2021PTC143619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wevips Management Services was incorporated on 20 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Wevips Management Services by revenue are Procyon Technostructure Private Limited, Pro Integrated Services Limited, Wizard Corporate Consultants Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).
Kannaiyappan Prakash was appointed as Director on 20 May 2021. Uma Kumar was appointed as Director on 20 May 2021.
The registered office of Wevips Management Services is at No.1209 Omr Salai Elvanthangal Thaiyur Kelambakkam, Chengalpattu, Tamil Nadu, India – 603103.
Wevips Management Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Wevips Management Services has open charges of ₹2.03 Cr and no satisfied charges on record as per latest MCA filings.
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